Franklin Electric
FELE
177 hedge funds and large institutions have $1.47B invested in Franklin Electric in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 68 increasing their positions, 62 reducing their positions, and 22 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 62
0.59% less ownership
Funds ownership: 78.26% → 77.66% (-0.59%)
6% less funds holding
Funds holding: 188 → 177 (-11)
12% less capital invested
Capital invested by funds: $1.67B → $1.47B (-$201M)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $448K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.6M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$5.92M |
| 3 |
BlackRock
New York
|
+$2.38M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.01M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.99M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.73M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.59M |
| 5 |
Morgan Stanley
New York
|
-$2.9M |
FELE Hedge Fund Activity: Q1 2018 in Review
177 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Franklin Electric (FELE) for Q1 2018, worth a combined $1.47B — down 12% from $1.67B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FELE and 13 opened new positions — a net loss of 9 holders — while 62 trimmed existing stakes and 68 added.
The largest buyer was Wells Fargo, adding an estimated $8.6M. The largest seller was Fidelity Investments, exiting entirely with an estimated $6.01M sold.
- 177 institutional investors held Franklin Electric (FELE) as of Q1 2018, down from 188 in Q4 2017.
- Funds reported $1.47B of Franklin Electric stock for Q1 2018, down 12% quarter-over-quarter.
- 13 funds opened new Franklin Electric positions in Q1 2018 and 22 closed out, a net change of -9 holders.
- The largest Franklin Electric buyer in Q1 2018 was Wells Fargo, an estimated $8.6M added.
- The largest Franklin Electric seller in Q1 2018 was Fidelity Investments, an estimated $6.01M sold.
Based on aggregated 13F filings for Q1 2018.